Dennis Nikolaev
management company holding funds until checkout
I'm new to the short term rental game.I signed a contract with a management company but somehow I didn't catch that they were going to release the funds only after the guests check out + 15 days next month.Is is norma...
Joshua Warren
Looking for a good multi family FHA program in Maryland
Hello BP family! I'm Josh. I'm looking to use my FHA for the first time and I want to purchase a multi family to house hack. I live and want to invest in Maryland. Any suggestions on programs that I could get into to...
Callie Edward Muckelroy
Adding Laundry Hookups to 4-plex basement
My wife are relatively new to investing, but last year, we dove in. One of our properties is a 4-plex in the Birmingham, AL area. It was built in the late 1970s, is a 2-up 2-down with an unfinished basement. The basem...
Tony Chen
Advice on purchase to lower housing costs in NYC
Hey BiggerPockets,
I am looking for some advice on my first purchase for a primary residence to lower my housing expenses in NYC. While also being within 1 hr commute to manhattan for my W2 job, not living in an unfa...
Gregory Stanley
Results of HOA Board not enforcing rules
- Lower property values- Everyone is mad- Board credibility is shot- Owners stop paying dues- The cycle repeats
Kurt Gardner
What would you do? Wholesale it or wait to buy?
I want to buy this home. I can't because I'm closing a duplex today and that will tie me up for a month or so.
I am considering putting a contract on it to wholesale, but I have never wholesaled nor do I have a big ...
Julio Gonzalez
The Difference Between Reclassification and Bonus Depreciation
When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.
Reclassificat...
Christian Roberts
Prefab vs stick built
Can someone explain why a prefab house won't appreciate the same as a stick built.
Here is a link to what I think a modular prefab or manufactured home is.
http://www.apexhomesinc.com/apex/plan/cottonwood.htm
I don...
Jared Lillard
Who has police advice?
In the past I've heard some apartment complexes will let police live there rent-free. That sounds like a reasonable idea to me. Anyone have experience with this?
I'm looking at my first multi-family purchase (24 ...
Nathaniel Donnelly
Stay with SFR or get a Condo? San Diego
Hey all!I am about to buy another property here in San Diego. I currently have 3 SFRs (including my primary) and I am taking equity out of one of them (~$60k) to put down on the new place. Right now, my plan is to s...